Take a look at the businesses making headlines in noon buying and selling. Intel — Shares of the chipmaker popped 9.3% Friday, a day after Intel reported third-quarter outcomes that topped analysts’ expectations. Intel additionally gave robust steering for the present quarter, and CEO Pat Gelsinger mentioned the corporate plans to chop prices by about $3 billion this 12 months. Dexcom — Shares of Dexcom, which distributes steady glucose monitoring programs, soared 10.1% after the corporate posted stronger-than-expected quarterly outcomes and raised its full-year income forecast. Stanley Black & Decker — Shares rallied 6.2% on Friday after the commercial instrument maker posted an earnings beat within the third quarter. The corporate additionally issued full-year earnings steering between $1.10 and $1.40 per share, coming in increased than prior steering of 70 cents to $1.30 per share and the consensus estimate. In the meantime, income within the third quarter got here in under expectations. Juniper Networks — The community administration software program supplier climbed 6.1% after exceeding Wall Avenue’s expectations on earnings and income for the third quarter. Juniper earned 60 cents per share on an adjusted foundation, whereas analysts surveyed by FactSet anticipated 55 cents per share. Income got here out at $1.4 billion for the interval, barely surpassing the typical analyst forecast of $1.39 billion. Deckers Outside — The footwear and attire firm climbed 18.9% Friday, a day after beating analysts’ expectations for the second fiscal quarter and elevating full-year steering. Financial institution of America reiterated its purchase score on the inventory Friday, noting the corporate’s Ugg and Hoka manufacturers are “firing on all cylinders.” Chipotle Mexican Grill — Chipotle shares led the market increased Friday, gaining 4.5% after the corporate’s third-quarter earnings topped expectations. The fast-food chain reported $11.36 in adjusted earnings per share, whereas analysts surveyed by LSEG, previously often known as Refinitiv, have been anticipating $10.55 per share. Chipotle additionally noticed its year-over-year restaurant-level working margin rise. Enphase Vitality — The photo voltaic firm’s inventory dropped 14.7% after reporting blended third-quarter outcomes and sharing a disappointing income forecast for the present interval. Enphase Vitality mentioned it expects income between $300 million and $350 million for the quarter, versus the $584 million anticipated by analysts polled by LSEG. Amazon — Shares of the e-commerce large continued into the inexperienced on Friday, surging 6.8% after reporting robust third-quarter outcomes and exhibiting a 13% soar in income for the interval. Chevron — The vitality inventory dropped 6.7% to hit a 52-week low following a disappointing earnings report. Chevron’s earnings fell to $3.05 per share, excluding objects, on $54.08 billion in income. Whereas income fell wanting Wall Avenue’s expectations, income topped estimates. Ford Motor — Shares of the auto maker plunged almost 12.3% Friday. Ford reported outcomes for the third quarter that fell wanting Wall Avenue’s expectations, and the corporate pulled its earlier steering because it copes with the almost six-week lengthy UAW strike. Capital One — Capital One shares added 9.2% after the monetary companies firm posted adjusted earnings of $4.45 per share, which topped expectations. — CNBC’s Alex Harring, Samantha Subin, Yun Li and Hakyung Kim contributed reporting.
